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In The News – Incline Village General Improvement District defers RFP, separation agreement, appointment of interim GM 

August 20, 2024 | Member Submitted

Originally Published in the Tahoe Daily Tribune, 08/21/2024, Written by Brenna O’Boyle

INCLINE VILLAGE, Nev. – The Incline Village General Improvement District Board of Directors decided to enhance the Request for Proposals document, and defer a separation agreement with the current general manager, and defer appointing an interim general manager at Tuesday night’s meeting. 

All three items will be deferred until the Aug. 28 meeting. 

Director of Human Resources Erin Feore said 24 candidates applied for the general manager position. 

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In The News – Bi-state program continues to show results for Lake Tahoe clarity

August 19, 2024 | Member Submitted

Originally Published in the Tahoe Daily Tribune, August 19th, Submitted

Pollutant control measures kept over 550,000 pounds of fine sediment out of lake in 2023 despite extended snowmelt period, new California-Nevada report shows.

LAKE TAHOE, Calif./Nev. – A bi-state effort to reduce pollution and restore Lake Tahoe’s world-famous water clarity kept significant amounts of stormwater and fine-grained sediment out of the lake in 2023, despite challenges from a winter of record snowfall and runoff, according to an annual lake performance report released today.

While a prolonged snowmelt period in spring 2023 swept sediment into the lake and reduced clarity, partners in the Lake Tahoe Total Maximum Daily Load Program (TMDL Program) helped keep the lake’s annual average clarity at around 68 feet, which is in line with what has been observed over the past two decades, the bi-state report shows. This was achieved despite continuous periods of heavy snowfall and cold temperatures in 2023, which hindered street sweeping and stormwater infiltration efforts for long stretches.

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The market selloff — it all seems silly now

August 18, 2024 | Member Submitted

Written and Submitted to IVCBA By David Vomund

Hundreds of points up, or hundreds down.  Whatever, it’s just another day on Wall Street.  Blame traders, short sellers, and people that became too comfortable with leverage.  

Every so often the stock market runs into a rough spot and prices fall fast if only briefly.  One such spot was overdue.  Sometimes there are catalysts, usually economic news, but in many cases it’s a matter of profit-taking after a good run.  That describes early August.  Profits were taken.  Cash generated went into energy, utility, financial stocks and fixed income vehicles, all of which rallied.

As you’ve read here I continue to focus on earnings and interest rates, the driving forces that move stocks.  For 78 percent of companies second-quarter earnings were better than expected, but the tone was subdued.  Several CEOs are saying consumers are under pressure and less confident in the economic future and their own.  With the average credit card balance of $6,200 consumers are unable to spend as they’d like.

The macro data also show a softening economy.  Not a looming recession but a slow-growing economy.  Typically, there are job losses ahead of a recession.  We see just the opposite now.  

The stock and bond markets are often leading indicators, and if so today the latter is saying demand for credit will moderate or decline in the slowdown, which is why rates on the ten-year Treasury have fallen back to 3.8 percent.  For months I’ve been urging investors to nail down bonds or preferreds while rates were higher.  The opportunity is still there, though less rewarding.  Treasury bond ETFs are already up 3 percent over the last month.

Over many years we have seen several stretches in which stocks sold off as they have recently.  Much like the market in 1987 stocks had a good run to new highs this year with the most speculative stocks leading the way.  Little remembered is that in 1987 the market then rallied and went on to close higher for the year.  Just like then, the bull market isn’t over.

Fortunately, it is no longer a seven-stock bull market.  The Invesco S&P 500 Low Volatility ETF (SPLV) is up 10 percent this year and was stable in early August even when the S&P 500 faltered.  It is easy to own.  So are energy issues, especially Williams Cos (WMB) and Oneok Inc. (OKE).  When you own good securities then there is no need to keep jumping into and out of the market.

David Vomund is an Incline Village-based Independent Investment Advisor.  Information is found at www.VomundInvestments.com or by calling 775-832-8555.  Clients hold the positions mentioned in this article.  Past performance does not guarantee future results.  Consult your financial advisor before purchasing any security.

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In The News – 12 Best Small Towns to Live in the U.S.

August 14, 2024 | Member Submitted

Originally published in Travel & Leisure, 08/12/2024, Written by Dobrina Zhakova

From California to Vermont, these small towns are some of the country’s most sought-after communities to call home, according to real estate experts.

#1 – Incline Village, NV

This upscale community on the northeast shore of Lake Tahoe is far from being just another resort town. Unlike similar vacation destinations, Incline Village has everything its approximately 9,000 residents need to live here full-time: a hospital, pharmacies, schools, grocery stores, a university campus (University of Nevada, Reno), and a library.

Of course, there’s no shortage of recreational amenities such as private beaches, a boat launch, pools, golf courses, and even an in-town ski resort, Diamond Peak. Residents also enjoy no income tax and relatively low property taxes, according to Sierra Sotheby’s International Realty agent David Duffie.

“The most popular neighborhoods are near the lake or in areas with great lake views,” added Duffie. “These include Lakefront, Mill Creek, and Lakeview subdivisions for lake proximity, and the Eastern Slope for views.”

However, relocating to Incline Village isn’t cheap. According to Zillow, the median home value is $1,411,680.

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Take the North Tahoe / Truckee Commuter Survey by September 6! You could win a prize!

August 14, 2024 | Member Submitted

If you work in the North Tahoe / Truckee area please take this survey!

www.surveymonkey.com/r/tahoecommute

You can enter to win one of five gift cards to Safeway for $100. Your responses will help the Truckee North Tahoe Transportation Management Association with a project to improve commuter transportation options in the region.

The survey is open through September 6. Please share it with others who work in North Tahoe / Truckee. Thank you for your input!

Subject Line

¡Realice la encuesta sobre los desplazamientos al norte de Tahoe / Truckee antes del 6 de septiembre! ¡Podría ganar un premio!

www.surveymonkey.com/r/tahoecommute

Si trabaja en la zona de North Tahoe / Truckee, ¡le rogamos que responda a esta encuesta!

Puede participar para ganar una de las cinco tarjetas regalo de Safeway por valor de 100 dólares. Sus respuestas ayudarán a la Asociación de Gestión del Transporte de Truckee North Tahoe con un proyecto para mejorar las opciones de transporte de pasajeros en la región.

La encuesta está abierta hasta el 6 de septiembre. Por favor, compártalo con otras personas que trabajen en North Tahoe / Truckee. Gracias por su aportación.

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Natural Grocers® Celebrates 69th Anniversary Event, With Epic Savings, Freebies and a Chance to Win Over $126,000 in Prizes, August 15-17, 2024

August 13, 2024 | Member Submitted

Natural Grocers by Vitamin Cottage, is pleased to invite our communities to our upcoming three-day Anniversary Celebration!! of the year to celebrate 69 years of serving communities. 

To commemorate almost 70 years as a company, we’re offering customers sales of up to 53% off over 500 products, free Snow Cones and other treats, plus an amazing Anniversary Sweepstakes–with a Tesla® Model Y (or $47,000 cash) up for grabs. Mark your calendars, make your shopping list and come celebrate with us! 

You can find all the details in our latest press release with PR Newswire. 

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In The News – The Smoke Effect: How are wildfires impacting lakes like Tahoe

August 10, 2024 | Member Submitted

Originally published in the Tahoe Daily Tribune, 08/09/2024, Written by Clare McArther

Three summers ago, the Caldor Fire burned its way up the Western Slope into the Tahoe Basin, scorching 221,835 acres. The fire burned for over two months, cloaking the lake and its surrounding communities in unprecedented smoke. While hundreds fled the area — by choice or mandatory evacuation — scientists took to the water to try and better understand how the smoke and ash were impacting the lake. 

With wildfires increasing in frequency and intensity, especially in California, understanding their impact on such a vital resource is key. Ten of the largest California wildfires in recorded history have occurred in the last 20 years with five taking place in 2020 alone, according to the National Integrated Drought Information System. 

“Fire is going to be a bigger component of the landscape for the next 100 years, without question, under best case scenarios,” confirms Dr. Steve Sadro, U.C. Davis associate professor of environmental science and policy.

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Photo: Researchers from all around the basin collected data on water quality, ash nutrient content, algae growth and more. Photos by Linda Carter

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In The News – IVGID discusses budget, forensic due diligence, beach pricing

August 9, 2024 | Member Submitted

Originally published in the Tahoe Daily Tribune, 08/07/2024, Written by Brenna O’Boyle

INCLINE VILLAGE, Nev. – The Incline Village General Improvement District has made no effort to control payroll costs, according to the May 2024 Treasurer’s report presented by Trustee Raymond Tulloch during the Wednesday, July 31 board of trustees meeting.

“We’re running well ahead of budget, which is not a good thing in this case,” Tulloch said. 

Total payroll and accounts payable expenses are $4,649,661. 

Total year to date payroll and accounts payable are $53,902,035. 

Tulloch went over the investments including total market value of investments $36,220,829; total monthly interest and dividends $141,539; and total monthly deposits, withdrawals and change in value $17,964. 

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Summer Safety Reminders from the North Lake Tahoe Fire Protection District

August 9, 2024 | Member Submitted

Submitted by NLTFPD, Tia Rancourt, 08/07/2024

Summer is in full gear and the North Lake Tahoe Fire Protection District wants to help you lower the risk of wildfires in our community and, your home. 

Chipping & Defensible Space Inspections:

Remember to sign up for your FREE Defensible Space Inspection and take advantage of our Chipping Service. Both services are free! Service requests are addressed on a first-come, first-served basis so sign up today! 

To sign up for a Defensible Space Inspection visit https://www.defensiblespacereport.org/northlaketahoe.

To sign up for Chipping Service visit https://reserve.chipperday.com/northlaketahoe. Take advantage of Waste Management’s Residential Curbside yard Debris Recycling Program. The next collection will be September 10 – November 1, 2024

Safeguard your home from potential wildfires and learn more about what you can do to protect your home, for example home hardening. Discover what you can do to retrofit existing components of your home to withstand fire.

Evacuation:

In the event of an evacuation or other type of disaster, how do you stay informed? For Washoe County residents, please sign up forCodeRED. Remember to Make a planAssemble a Kit and Stay informed. Learn more about what to expect in an evacuation. The Washoe County Emergency Management team put together an informative Evacuation Video that outlines the sequence of events in an evacuation:

  1. First responders (fire or law enforcement) determine public threats.
  2. Evacuation area is based on several details such as speed of threat, likelihood of impact to an area, population of area etc. 
  3. Request is sent to Emergency Management for an Evacuation Alert.
  4. Evacuation point is identified – Emergency Management works with Emergency Shelter Council to identify an evacuation point or shelter location. Once the location is decided it is populated on the Perimeter map www.perimetermap.com/washoe.
  5. Evacuation alerts are sent via alerting software. Alerts are sent through several ways including wireless emergency alerts, cell towers to cell phones, emergency alerting system (EAS) to radios and television, reverse dial to landlines, emails, TTD, and social media.
  6. Alerts and information can always be found at www.perimetermap.com/washoe or, www.emergencywashoe.com. Alerts will include information such as type of threat, directions, where to go, how to find information and to link towww.perimermap.com which will show information on evacuation areas, routes, road closures, and where you are in relation to all of those things.
  7. Factors in selecting an evacuation area include: the size and population density of an area, local events, the number of roads in and out of the area, and the speed of the threat towards the area.
  8. Phase evacuation to avoid traffic – first responders will attempt to evacuate areas in phases to avoid traffic issues and secondary emergencies. 
  9. Expect to see various first responders and supportive agencies during an evacuation event. 

Practice your personal preparedness evacuation plans and drills. For more information or a template on how to build your plan, please visit www.washoeready.com.

Summer Fire Restrictions:

Our summer fire restrictions are still in effect for Incline Village and Crystal Bay, NV. Recreational fires (wood or charcoal fire within a non-combustible container with a 1/8” mesh screen) are still allowed with a permit.

Please note, however, that recreational fires are not permissible on short-term rental properties. Visit www.nltfpd.org/outdoor-burning for more information.

Barbeque grilling (natural gas, propane, charcoal) is still allowed. All grilling appliances shall be used within the manufacturer’s guidelines and recommendations. This also includes smokers and pellet stoves.

Follow these simple safety tips when using solid-fuel, charcoal, or propane grills.

  • Propane, charcoal, and other solid-fuel grills should only be used outdoors.
  • The grill should be placed far away from the home, deck railings, and out from under eaves and overhanging branches.
  • Keep children and pets at least three feet away from the grill area.
  • Keep your grill clean by removing grease or fat buildup from the grills and in trays below the grill.
  • Never leave your grill unattended.
  • Always make sure your gas grill lid is open before lighting it.

Charcoal Grills:

  • Charcoal grills are prohibited on combustible surfaces.
  • There are several ways to get the charcoal ready to use. Charcoal chimney starters allow you to start the charcoal using newspaper as a fuel.
  • If you use a starter fluid, use only charcoal starter fluid. Never add charcoal fluid or any other flammable liquids to the fire.
  • Keep charcoal fluid out of the reach of children and away from heat sources.
  • There are also electric charcoal starters, which do not use fire. Be sure to use an extension cord for outdoor use.
  • When you are finished grilling, let the coals completely cool before disposing in a metal container. Contact the Fire District for a free ash can (residents will need to have some type of wood-burning heating appliance to be considered for the program). To obtain a free ash can, residents may fill out an application at the Fire District Administration Office, 866 Oriole Way, Incline Village. If the required criteria are met, an ash can will be provided.

Propane Grills:

  • Check the gas tank hose for leaks before using it for the first time each year.
  • Apply light soap and water solution to the hose. A propane leak will release bubbles.
  • If your grill has a gas leak, by smell, or the soapy bubble test, and there is no flame, turn off the gas tank and grill. If the leak stops, get the grill serviced by a professional before using it again. If the leak does not stop, call the fire department.
  • If you smell gas while cooking, immediately leave the grill and call the fire department. Do not move the grill.
  • If the flame goes out, turn the grill and gas off and wait at least 15 minutes before re-lighting it.

Please note: No open flame of any kind is allowed during Red Flag Warnings.

Fire restrictions may be different in other Fire Districts, State and Federal lands.

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‘Cultivating Community, Conserving the Basin’ Workforce Housing Program Launched

August 8, 2024 | Member Submitted

Community Workshops Set to Begin in September, Submitted by TRPA, Jeff Cowan

Lake Tahoe, Nev./Calif. – The Tahoe Regional Planning Agency (TRPA) today announced the launch of “Tahoe Living: Cultivating Community, Conserving the Basin,” the next phase of the agency’s affordable and workforce housing program. Cultivating Community is a comprehensive, multi-year project to help address the housing crisis in the Lake Tahoe Basin while maintaining and improving environmental protections, according to TRPA.

TRPA will kick off public engagement with community workshops September 9 on South Shore and September 10 on North Shore. The agency is encouraging everyone to register for a workshop and get involved at TahoeLiving.org

The goal is to update regional environmental and growth management policies with a focus on disadvantaged communities, according to TRPA Executive Director Julie Regan. 

“TRPA’s land use policies have succeeded in setting high standards for development and ensuring conservation and community revitalization happen together here in the Tahoe Basin,” Regan said. “Some unintended consequences of that success are seriously impacting local workers who often struggle to find housing or are living in unacceptable conditions. This initiative will lead the basin forward with policies that protect our environment, improve community connections, and revitalize our communities.”

Over the last few years, new policies have come forward through TRPA’s Tahoe Living program that balance a limited amount of new development with environmental and community needs. Cultivating Community, Conserving the Basin will go further and address the limitations of the existing development rights system, which has increasingly allowed larger homes and resorts to outcompete smaller, more affordable housing options. 

“Revamping our development rights system is key to creating more affordable housing in the region,” TRPA Chief Operating Officer and Deputy Executive Director John Hester said. “Lake Tahoe has a long history of innovation and regional collaboration. We need to bring these strengths to bear on one of the most pressing issues facing mountain towns everywhere—how to cultivate community while continuing to protect the natural environment that we all want to share.”

How to Get Involved

The project’s first community workshops will be held September 9 and 10 and will provide an opportunity for residents, workers, and other stakeholders to learn more about Cultivating Community and share input on the most pressing housing issues in the region. The project team will make Spanish interpretation available at both the South and North Shore workshops. Activities for children and refreshments will be provided.

South Shore Workshop:
Monday, September 9 at 6:30 p.m.
Bijou Community School Multipurpose Room 
3501 Spruce Ave.
South Lake Tahoe, CA 96150

North Shore Workshop:
Tuesday, September 10 at 6 p.m.
Kings Beach Elementary School Cafeteria
8125 Steelhead Ave.
Kings Beach, CA 96143

RSVP at tinyurl.com/tahoe-living. To stay involved and learn more about the project, please visit TahoeLiving.org

Contacts:
Jacob Stock
Senior Planner
Tahoe Regional Planning Agency
jstock@trpa.gov
(775) 589-5221 

Jeff Cowen
Public Information Officer
Tahoe Regional Planning Agency
jcowen@trpa.gov
(775) 589-5278

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